Matthew Brown - Mar 1, 2023 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Financial Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Matthew Brown
Stock symbol
ALTR
Transactions as of
Mar 1, 2023
Transactions value $
-$221,972
Form type
4
Date filed
3/3/2023, 11:54 AM
Previous filing
Jan 18, 2023
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Sale -$139K -2.17K -5.7% $63.84 35.9K Mar 1, 2023 Direct F1
transaction ALTR Class A Common Stock Sale -$22.2K -348 -0.97% $63.84 35.6K Mar 1, 2023 Direct F1
transaction ALTR Class A Common Stock Sale -$61K -956 -2.69% $63.84 34.6K Mar 1, 2023 Direct F1
transaction ALTR Class A Common Stock Award $0 +8.25K +23.83% $0.00 42.9K Mar 2, 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALTR Stock Option (Right to Buy) Award $0 +20.6K $0.00 20.6K Mar 2, 2023 Class A Common Stock 20.6K $65.19 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 23,750 Class A Common Stock restricted stock units that are unvested.
F2 On March 2, 2023, the Reporting Person was granted 8,250 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 2, 2024.
F3 Includes 32,000 Class A Common Stock restricted stock units that are unvested.
F4 On March 2, 2023, the Reporting Person was granted 20,625 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 2, 2024.